Ed Winkleman: In Search of a More Nuanced Discussion about the Changes at MOCA.
Related from Greg Allen: "I imagine that one of the best things about being a billionaire is how there's no shortage of people w/ awesome ideas for spending your money."
I'd just add that you hear a lot from the art police about incentives. If museums are permitted to sell work to pay operating expenses, how will that impact future donations? If a donor's intent is violated, even 50 years after his death, won't that depress future giving? But think about the incentives here. You become a trustee of a museum. You contribute millions of dollars. Then, when the museum runs into financial difficulties, you read that a "museum whose board of trustees has a combined net worth far in excess of $21 billion shouldn't have financial problems." Who would want that job?
